What are the ramifications of a genderless society?

I think this would be great. We are people, humans. Humanity is thirsty to belong and be identified by a label they let society and the masses tell them who they are and what they like. Gender identification and sexual orientation are obsolete. If we were in ages past, hunting for food, we would be naked and sexually stimulated when touched, penetrated, and massaged in our privates, regardless if the person doing this was male or female. The only thing is that the consequence of these stimulating touches could potentially be an offspring. We like and are turned on when touched. All these labels and identifications have been fabricated by society for monetary reasons and functionality in an industrialized and "civilized" society which submit to certain norms because they have nothing better to do and out of fear.