YouTube or Facebook - who will win the race?

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I think everybody is aware of the war between Facebook and YouTube to conquer the video sharing platform. YouTube is the oldest player in video sharing whereas Facebook is a new entrant in video sharing field. Facebook is posing a definite threat to YouTube through their innovative features. The recent one is their inclusion of 360 degree viewers experience in videos. It is heard that like YouTube, Facebook is also planning to have a monetization program for video sharing. Keeping in mind the current scenario and future trends, who do you think will survive in this battle?