Don't forget that plenty of people are a lot more productive with some kind of structure in place. No amount of 'skinny jeans wearing' gen Y'ers will change that fact.
There are entitled brats in every generation. Put another way, there are plenty of ivy leaguers throughout history who's dads called a friend to get their kid a raise. just keep doing good work, you'll be fine.
This has nothing to do with your generation.
Unfortunately, that didn't mean I had less work to do. If you find a way to make your job more efficient, don't be surprised when management finds a way to expect more work from you.
Sorry to come off so strong; this stuff irks me because I'm from your generation and this sort of self-obsession reflects badly on me and other humble, hard-working gen-y'ers.