Hacker News lacks a few distinguishing features that are characteristic of modern corporate social media: in particular, algorithmically driven feeds based on engagement metrics optimized for an advertising business model. The closest you get to that on here is the main page featuring YC companies from time to time (which is a far cry from a Tik Tok rabbit hole).
That being said, voting mechanisms which change the order of user-contributed content is hallmark of social media shared by Hacker News. I like to think, though, that this place has a strong enough community to prevent the voting dynamics from devolving to what you see on the most politicized subreddits. (I'll mention that the quality on here is in no small part the result of dang's diligent moderation, btw!)
An interesting message board to compare Hacker News with in this regard is actually 4chan. The former is maybe less social media like inasmuch as we have no inline images here, so there is no room for the sort of meme culture you see on the latter. On the other hand, 4chan is entirely bereft of voting (and even accounts to assign karma to, although reusable tripcodes come the closest), and as such is in some ways even more egalitarian (in contrast to non-anonymous social media).