I guess you work in an environment where that's kept to a minimum.
I presently work for http://iconfactory.com, and we try to keep meetings to a minimum as a matter of principal. Artists need flow to do their thing just as us programmers do, and the company is run by artists. I'm also remote so the only random co-worker interruptions I have are via iChat.
Contrast that with a startup where you wear many hats at once, including spouting incomprehensible requirements yourself, and I think that's where I'd tend to agree with the parent poster.
Not all meetings are meaningful, of course, but communicating with your coworkers and customers is an essential part of the practice of producing software.