This is partly a by-product of the recent road cycling obsession for weight reduction at any cost. When I used to cycle a LOT of miles, i.e. before I owned a car, I used to run no-nonsense Michelins in 26" x 1 1/4" and 26" x 1 3/8" sizes and I was not plagued by punctures. I still got the odd one, and they were highly irritating, but generally the tyres held up well.
However, I bought tyres based on functionality. I didn't think I must save a whole half an ounce of weight by buying the skinniest and lightest constructed tyre in the shop. The roads are also arguably in a worse state of repair than they were, and are not kept swept as efficiently, so if anything, cyclists should be beefing their tyres up for increased reliability - not trying to slim them down for marginal gains in weight and rolling resistance. That 0.1 mph speed gain is going to be right out of the window if you then spend 10 minutes doing a roadside puncture repair that you would have avoided needing at all if you'd fitted sturdy tyres not flimsy ones.