I don't think that's accurate at all. These algorithms are only as accurate as the data being input into them. The current system of policing is deeply flawed and as a result the "data collected from crime statistics" will be skewed by these inherent, systemic biases. Mathematical optimization against a flawed dataset of this kind is highly likely to create a feedback loop of increasing bias with terrible human consequences.
>>krohli+(OP)
This seems like a plausible criticism, but it also seems like a plausible criticism of all data and derivates about human beings (and probably other things).