No, it doesn't. The baby boomers represented an actual demographic change, that's why they're tracked by the Census Bureau. Everything since then is marketing and astrology.
People get used to understand what generation 'name' they got from society, thinktanks and co and its not that hard to know what the younger generations are.
https://en.wikipedia.org/wiki/Generation#List_of_social_gene...
Astrology is just garbage.
This not astrology at all. Astrology is 'magic thinking'.
As a Gen Xer my childhood was soooo different from what kids today experience. And literally every single Gen Xer I know is glad and feels relief (sometimes mixed in with remorse) that our childhood was before the consumer Internet took off.