As a fan of both Hulu and Youtube, it is very difficult arguing that one is 'better' then the other as they are both extremely different from one another. Hulu, on one hand, is a website where videos (primarily movies and TV shows) are uploaded to the Internet by Hulu employees for the viewing pleasure of a global audience. For the most part, Hulu is licensing these videos from distribution companies, and profits off of these videos through the use of commercials, as well as a paid service called Hulu Plus which is $7.99 a month and provides access to entire catalogs of TV shows, new episodes the day/day after they air, and many films. On the other hand, Youtube is a website where videos (primarily home/amateur videos) are uploaded to the Internet by just about anyone with computer/Internet access. For the most part, the content on Youtube is not licenced and very often videos are taken down for copyright infringement. Youtube is much more of a social network of videos as users are able to upload response videos, comment, and users have individual profiles where unique personas are unveiled. For users who post videos that garner extremely large audiences, I believe there is a way to receive money through allowing advertisements on your videos, but primarily, the people uploading these videos do not receive any payment and most advertisement revenue is kept by Youtube.
Personally, I use Hulu a lot more then I use Youtube, but they both hold special places in my heart. As a film enthusiasts, I most often use Hulu and Youtube to view videos both for class and personal amusement. One of the best collections of classic films from around the world, the Criterion Collection, is on Hulu Plus (which I am subscribed to), and provides me access to many films which I could never find anywhere else on the Internet. On Youtube there are many films that you can find but many of them are uploaded illegally or do not have any copyrights. Most of the illegally uploaded films tend to be divided into 6 to 10 parts as the amount of memory most users are allowed to use to upload is significantly less than what would be needed to upload an entire film. Lastly, if I really had to chose between Hulu and Youtube, I would definitely chose Hulu as having a Hulu Plus subscription gives me access to so many extra luxuries that I can't imagine watching videos on my computer without it.