No, that isn't going to happen, but the dehumanization of a person happens quickly. You can easily go from well, everyone is entitled to their own opinion to, ostracizing people. Sure the extreme example is rounding people up, but it's that slippery slope that we need to watch out for.
Our country is going in a GREAT direction and soon homophobia is going to be much like racism. It will be taboo and hopefully die out to small pockets of resistance. But during that transition we need to remember that the people on the other side of the fence are people too and we need to accept them as societal norms change. History is ripe with situations where people are turned into black sheep by society because they were on the wrong side of the fence and we (the majority) demonize them.