Nobody who knows anything about signal processing has ever suggested that the ear performs a Fourier transform across infinite time.
But the ear does perform something very much akin to the FFT (fast Fourier transform), turning discrete samples into intensities at frequencies -- which is, of course, what any reasonable person means when they say the ear does a Fourier transform.
This article suggests it's accomplished by something between wavelet and Gabor. Which, yes, is not exactly a Fourier transform -- but it's producing something that is about 95-99% the same in the end.
And again, nobody would ever suggest the ear was performing the exact math that the FFT does, down to the last decimal point. But these filters still work essentially the same way as the FFT in terms of how they respond to a given frequency, it's really just how they're windowed.
So if anyone just wants a simple explanation, I would say yes the ear does a Fourier transform. A discrete one with windowing.