Executives are paid handsomely because of the value they bring to the company. Part of an executive's job is to meet with executives of other companies and make deals with executives of other companies. Those deals work, but they require the human element. Executives don't do their jet set lifestyle just for fun, they do it because human connection creates the best deals.
There is humans all around executives, they are in meetings with humans all the time, both inside and outside of the company. They even have humans to interact with computers for them because they are so busy interacting with other humans.
Where do you see executives being replaced?