It is only the author's view, not ''
the modern view''. It cannot be the truth because quantum mechanics was in operation on Earth (or the universe) long before the existence of preparation and measuring devices (which is assumed by Hardy at the end of p.1) - a true derivation must explain why certain multi-particle systems called measurement devices work as postulated! Also the number N of degrees of freedom, which he takes to be finite throughout, is infinite already for the harmonic oscillator, which makes his ''derivation'' invalid for any real system except those considered in quantum information theory.
Those who want to see that quantum mechanics is not at all weird (when presented in the right way) but very close to classical mechanics should read instead my online book
Classical and Quantum Mechanics via Lie algebras. (At least I tried to ensure that nothing weird entered the book.)