Is psychiatry trending toward drug therapy rather than psychotherapy?

Current first year medical student here interested in becoming a psychiatrist. I have found articles similar to the one below suggesting psych is becoming more drug based than patient based over the last years or so...which disappoints me somewhat. Are the majority of psych docs still having 50 mn-1hr psychotherapy appointments (my preference) or has it become more so like the 15 mn/drug refill case as suggested by the article (I am aware this was written in 2011).... Is psychiatry trending toward drug therapy rather than psychotherapy?
Source: Student Doctor Network - Category: Universities & Medical Training Authors: Source Type: forums