Is Google Losing Place To Facebook?

I am reading more and more that Facebook is becoming the professional internet marketers first choice for marketing and traffic generation these days and there is talk that Facebook will eventually take over from Google as the Nº 1 marketing platform.
I have tended to look at Facebook as a more personal socializing site and not really studied it’s commercial potential as yet.
I would love to get some input and hear your experiences and thoughts on this matter.
Is anyone getting good commercial traffic from Facebook and how?

See original post by Alan Roy Hocking