No I work at a privately held company. I do however agree a lot of that is wasted on what amounts to corner case extremes. The large majority of these people will split themselves eventually out of necessity, just like in times past. I've seen a few that came into companies (a couple at one of our other offices even) that really needed to split, but once the company actually started asking real things of them it was a sink or swim situation and most swam (albeit with some growing pains).
There absolutely are some crazy extreme cases (the handful I have heard where parents go to job interviews for kids come to mind), but they are way overblown and definitely not the norm. Most decent companies won't let that crap fly anyway (I know we won't, I conduct some interviews now and if that happened I would walk out and ask HR if it was a joke), and even if they did, there is absolutely no way they will make it in the environment at large. Dumping money into such a small group is extremely alarmist and frivolous imho, especially when it will resolve itself.
I won't deny that it is difficult to ignore some of the studies and data considering our general reliance on experts in fields analyzing complex trends, but this one strikes me as incorrect. Especially given we don't have the same data to compare from all the previous generations in the same manner, they are trying way too hard to explain it when, to me, it is just part of the cycle of the generations and growing up.