Yes, HN is a front for YC. However, HN is still very much about longform submissions and nuanced discussion. There aren't very many places like that anymore, and those that still exist are dying, with some exceptions (mostly car forums, for some reason).
(Instagram wasn't always this way! It was originally an alternative to Flickr, but focusing on sharing images and discussion instead of photography. It gradually became the psychological gateway drug that it is now, though even that was a response to threats like Vine and Quibi that unlocked short-form video at scale.)