But the noise.. this has been a huge factor in my quality of life, having lived in both buildings. That issue trumps any advantage drywall has, and I spent about 10 years working with it as well.
I think the market forces have simply dominated our natural, economically inefficient, home-dwelling instincts. I think this article means well, but it is written from the perspective of a landlord basically.
Possibly the solution would be to have some kind of soundproofing backing material on the converse side of the drywall panels. Including this could be required by regulation which would be easier to enforce than some kind of abstract acoustic property. One of the interesting arguments that Brian Potter made is that you're usually better off trying to move the issue from construction to manufacturing.
This is basically similar to how leaded drywall is used to shield X-rays. Of course, there are additional costs associated with the hazards of lead.
It's not really a drywall problem, but a drawback of the usual construction method. If you insulate the interior walls then noise isn't really a problem. Of course, most builders are not insulating or noise-proofing interior walls, so there you have it. I suppose with other building materials (bricks, concrete blocks) you get the solution "for free", so to speak.