Magicians have always been at the forefront of technology.
However, the issue with tricks based on video editing is that they are basically self-explanatory, and therefore it's very difficult to make them feel magical. They are fun, sure, but they don't produce that feeling of wonder or mystery because the audience goes into it already "knowing" it's just video editing.
Video will be part of the future of magic - there's no way around that. With the popularity of social media and how much of our lives are moving online, or into virtual spaces, it's a permanent part of our lives and magic will have to figure out a way to exist in those spaces at some point.
For me, though, there's no comparison to live magic. It's one thing to see something on a screen but to be there in person, and watch these things happen right in front of you - no video will compare to that.