Here‘s an terrific post asking the question, “Twitter vs Facebook: Should you choose one?”
I recommend reading the whole post, plus some of the comments make interesting reading as well, here’s the posts conclusion: In the end, both Twitter and Facebook are simply communication tools; both will continue to evolve and morph as users find new ways to extract value and either network may or may become a long term winner in the rapidly evolving social networking space. Ultimately, the fact remains to be seen whether either application has a profitable, scalable and sustainable business model or whether the exit strategy is simply to be acquired.
As we learned in the search space, consolidation will eventually prevail. Unless they can find a way to turn all those eyeballs into profits, social networks will lose relevance. It does seem obvious that the venture capitalists are betting they will not only continue to enjoy tremendous growth but will also successfully monetize all that traffic.
But, will either Twitter or Facebook become the next Google or will they fade into the rear view mirror of technological and social evolution?