... but it won't be.
Delivering information and digesting it from users is the purpose of the web as the user sees it. HN is a good example of a website meant to do this. No ads, minimal algorithms, no feature creep beyond a traditional news-and-comment feed.
Only one problem: that doesn't drive engagement. I come to HN because I'm genuinely interested in the content and discussion here. Being interested in content and discussion, though, is not nearly as profitable as being addicted. A lot of the UI elements and behaviors of websites today are meant to drive addiction, and thus, engagement.
Hell, HN itself might not even be profitable or even break-even. It's the side-project of YC; something that exists to further the profit-building exploits of that organization.
And good riddance. I really don't get any personal value out of the vast majority of modern web apps. Much, but not all, of what we do on the web could be via a much more basic interface.