That being said, I don't think lyricism is PHASED out, per se. There are more and more artists attempting to say REAL shyt in their albums, but are occasionally having to dumb it down for the sake of being digested, i.e Drake and Future.
Drake has diminished the quality of his verses for years now, and INTENTIONALLY drops a lyrical track every once in a while just to keep those old Drake fans sustained. Even then, most of them still recognize he took the Hov way out a long time ago
Future's shyt actually looks pretty good on paper, but it's just his voice does get in the way sometimes when listening. I don't think it's intentional like bytch ass Thug, because it has improved from where he started, but it does show up every once in a while. You can tell dude puts some real thought into his lyrics though
Lyricism just ain't the trending songs, and I don't think it'll ever be like that again. Don't expect to see "The Blacker The Berry" or "Prisoners 1 and 2" as the number 1 hashtag on Twitter b, no matter how incredible they are. Unfortunately, the biggest supporters of these standout tracks tend to be critics, who are the same people diehard hip hop fans (such as I) despise. It's almost a paradox, you want these songs to be appreciated, but by the masses and not the critics, who are biased alot of the time.