I just started learning Erlang. Should I bother, or should I just go ahead and learn Elixir instead?
If you already enjoy Erlang though? Don't get discouraged just because something is built on top of it- keep going! Elixir will be there regardless, and might even be easier to learn when you understand what it's built on.
Ultimately you'll need to know Erlang (language) anyway if you want to use some external libraries that aren't in Elixir natively. IMO, Elixir as a language is not too different from Erlang, other than syntax.
If you come from a more traditional language background, such as C, C++, c#, java, scala, ruby, python, js and others, especially ruby since elixir is very ruby-ish, Elixir is more approachable and I'll suggest that you go with it.