They correctly state you can generate 50 million of them per millisecond with only a one in a billion chance of a collision (per millisecond).
Unfortunately this means the chance of a collision in a year is 99.999999999998% which isn't great!
(I think they've given too many bits to the timestamp.)
Also, the uuid format it creates isn't a valid uuid which is a pity.
If you want to have "only" a one in a billion chance of a collision a year, you can only generate about 300 a millisecond.