I think that's true in some ways. Our daughters (23 and 26) pretty much don't give two shits about race or sexual orientation, and neither do their friends. They have found themselves in a few social situations, though, where it got ugly. They were pretty shocked to see it, though, which at least tells me that they don't see that much of it.
Our kids have a bit of an advantage, though, being mixed race like my wife and I. All four of us have people tell us "I've always WONDERED what you were!" when they find out our ethnicity.
However, there have been SEVERAL times when my wife and I were in situations where the bigots REALLY cut loose because they didn't realize we're half brown. So when these folks here claim it doesn't exist, all I can do at this point is roll my eyes and move on.
We have a ways to go. But yeah, I think the light is at the end of the tunnel. This may just be the final, primal scream of those who can't handle it. Maybe this will just fade with time.