Investment is certainly a better and more promising option than saving, I happen to be an economics school so the value of the currency will continue to decrease due to many factors including inflation, whereas bank interest is never greater than inflation.
Yes. It all depends on the specific user's needs. If he/she wants to invest money to multiply his/her earnings over the long term, then he/she would choose to invest over saving. On the other hand, if it is chosen to save money for emergency purposes, then that path would be taken instead of investing. In my opinion, it's often best to combine both to experience the benefits they bring to your financial stability. You'll always have to look for ways to expand your capital, while at the same time, preserve your money for undesired situations in the future.
Therefore, sometimes it's best to save or invest money, while other times is often best to combine both. Most people don't have the experience in investments, hence they would choose the easiest path which is saving. However, depending only on savings would not be a wise decision as fiat currency is prone to inflation over the long term leaving you with less valuation of your capital. As such, the definitive choice would be to save and invest your money for future preservation and growth of your capital in the future. Just my opinion