In your undergraduate mathematics studies, did you take the course
series in group theory, rings and fields, and then algebras? It is
from that viewpoint that I state there are algebras [...]
I totally agree, you derived the right consequence of that viewpoint. Nevertheless, according to M. Gromov, that viewpoint is wrong (I do not claim to have the right viewpoint neither):
All traditional descriptions of mathematics, in my view, are greatly
faulty, and this is the reason why there is no model of mathematics
realized in computers, why there is no model of understanding
languages, because we have an absolute wrong perception traditionally
build in development of numerical mathematics in logic distorted our
perception of ourselves, of mathematics and of languages. It is as
distorted as the Sun orbiting the Earth, [...] it is the wrong
language, the wrong description.
M. Gromov, reference here.