I'm familiar with both... and you make a great point! The kind of tone in that video has been around for a long time, too. So maybe the labels "vintage" and "modern" are misnomers—no argument there.
So, sure, the label "vintage" might be wrong, but it's not really the label I'm reacting to, it's the tone being pursued. It seems like the overwhelming majority are pursuing that old-school kind of warm, midrange-y, tube-y sound, and I'm just kind of puzzled as to why. I'm not saying that kind of tone doesn't have it's place, and of course people want to reproduce songs where that's the bass tone, but as pointed out, there's plenty of stuff out there--some of it not exactly new--where that's not the tone.