The OP commented how sites like Facebook and Instagram seem to distort people's view of what is a normal or good life, as often only the best moments are shared on the site. And this affect can happen even if you are aware of it.
HN is mostly about discussing specific sorts of topics, and doesn't have much of a personal profile, so it is likely that affect is far smaller here.
As for addictiveness, I would agree with you that they are similar along that dimension.
You don't think reading about 300k SE salaries, or startups valued in billions before they turn any profit can distort people's view of what is normal, or good life?
Yes, I think it can. However, this type of content makes up a smaller percentage of HN content, and lack of video and images makes it less visceral. Also, HN commenters are fairly good at acknowledging this and helping each other counteract the distortion.
And yet that type of content affects me much more than anything I ever saw on FB.
My point is, I come to HN for similar reasons as why my gf goes to Instagram. We are both affected by what we see. It might distort our worldview. We are both addicted.
You can claim the high ground, and believe that somehow what you do here is different or more "noble" than what other people do on other social media sites, but that's a very common illusion.
For examples, it is easy to identify very key differences between Facebook and HN.