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PlayStation 4! They have some really nice exclusives such as No Man's Sky, Rime, and The Last Guardian (from the makers of Shadow of the Colossus and Ico). Here is a link for some more exclusives:
I'd definitely pick PS4 over XB1 because of Final Fantasy VII Remake and Shenmue III. Maybe they'll end up on the XB1 too eventually but right now PS4 looks much more appealing to me.
Definitely look at what games you want for each system and go by that. I'd go with PS4 though because I personally do not like Xbox due to the crappy moves and "rules" they've made in the past and were going to make in the future, if nobody complained about it.
I would say get a ps4 cause the ps4 has a lot of content and will keep you busy for a long time. Plus not to mention the ps4 has their owned VR helmet that's coming out soon plus not to mention those other triple a titles that's coming out for the system as well.
It really comes down to personal preference, but I'm going to be getting an Xbox One for Halo, Crackdown 3, Cuphead, Sunset Overdrive, and all my last gen games on backwards compatibility.
Depends on what you like. There are many reasons I don't need a PS4. If I got a PS4 I'd have to give up XBL Gold for my 360 and that's a no no. Second, I own a PS3 and PS Vita so some of these PS4 "exclusives" I'll be able to play anyways. Third, there are a couple titles that interest me on the PS4, but not enough to make me want to switch over. I love the Halo series and even though Halo 4 was kind of meh, Halo 5 is coming out and looks a lot better.