Drywall gets maligned, but it is a pretty remarkable building material. Inexpensive, easy to fix/finish, and very fire-resistant, especially for its weight.
The timber-stud and drywall model also works well for the modern world, where layout preferences and in-wall technology changes often. It was only about 20-25 years ago where having POTS lines/jacks in multiple rooms was cool, and now they're mostly useless.
My home, built in 2011, has 36 ethernet ports throughout the house. Some in closets, some above the trim, some where a TV would be mounted. The TV mount areas also have conduit specifically for HDMI and other cords. And there's speakers and speaker wire going all over the house. All of it terminates in the garage at a single panel.
It's mostly unused. I have PoE wifi access points around the house. And the sound system I hardly use.