Or would it train people to choose topics very carefully, such that a little teaching skill goes a long way?
It's not like the interviewer getting a lesson in tuning a harmonica is going to bust out a harmonica and start putting his newfound knowledge to work, or revisit the subject in 6 months to see if he's retained the knowledge, or bring in a panel of harmonica tuning experts to check there weren't any major gaps or mistakes in the lesson.
If someone didn't want to do it, that's fine and wouldn't be held against them. In practice, I think one person out of 20 chose not to do it.
And if they weren't a great teacher, that was fine too!
The purpose of the segment is to give the candidate a chance, if they want, to shine at something they are interested in, and help put them at ease by letting them start out being the expert.
And I'm sure you're going to get different questions about different aspects of the things you're trying to teach from different interviewers. The wonderful thing about this is that it models trying to teach a concept to a fellow coworker. How you handle the questions during the teaching time says a lot about the candidate.