Sort of... the input shaft on a stick is a single bearing on the far end of the input shaft, right before where it meets the main shaft, allowing some slight movement of input shaft at the tip where the pilot bearing is. The pilot bearing alone is what keeps the clutch and shaft in perfect alignment with the crankshaft. This is why a worn pilot bearing ( bushing in the old days ) causes clutch chatter and vibration, by letting the shafts ( and clutch disc ) misalign.
Same with an automatic, the pump shaft and input shaft float slightly, allowing them to "align" with the axis of the converter, which centers itself perfectly in the crank's counterbore, not on the mounting bolts.
Neither one has both front and rear fixed bearings and a single, solid shaft between those 2 bearings and both can tolerate a small misalignment.
Go beyond the tolerable limit ( only possible with incorrect, damaged or worn components ) and yes, flex plates will crack.
Where as a generator with a solid shaft and fixed bearings on both ends will not tolerate any misalignment or difference in angle at all unless it is driven through a flexible coupler or a belt drive.