According to Osho, hypnosis and meditation share the same procedure, but differ in direction and inner state: hypnosis descends into sushupti, deep sleep and unconsciousness, while meditation ascends to samadhi, total alert awareness. Like one staircase used to go down or up, intent determines outcome; hypnosis makes you part of nature, meditation opens the superconscious, the divine.
They may look the same, but hypnosis puts you to sleep inside, while meditation wakes you up completely.