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We just don't call them that anymore. Conservatively, with the advent of direct-attached storage, we call them data sets where the data control block has at least RECFM=F,LRECL=80. More liberally, the doped silicon in your SSD is a kind of stack of punched cards, what with all of its holes.

Anyone who's written assembly for mainframes has interacted with both the most ancient still-in-production software stack and the most modern. Record storage and access is basically the same as it has been for 50+ years despite disks having been introduced and then reworked at least once.

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