Yes and No
Here’s the problem with this sentiment: It focus on one aspect of the season - the playoffs. From that standpoint, the Falcons have a 6% chance (according to NFL history) of making the playoffs. So while they aren’t truly eliminated, I don’t think they’re going to overcome that statistic. That doesn’t mean that this season is lost, though.
At this point, the team has the opportunity to give significant playing time to guys who could be a factor in 2019 and beyond. This is an opportunity to see how these young guys can develop over a full NFL season and will also serve to tell us where our depth needs to be bolstered heading into the next year.