Is there any difference between 720p and 1080p

Gamingworm says:

Recently Microsoft claimed that a naked human eye cannot detect any deference between a 720p and 1080p image. Many people believe that Microsoft gave this statement because resolution of Microsoft’s XBOX One is lower than Playstation 4 in many games. Microsoft’s claim started multiple debates about the difference between 720p and 1080p. So we have also done a test to see whether there is really a difference or not.