I think this is more a case of the laptop being the 21st century guitar, than any instrument being "obsoleted". The trends in popular music have followed a min-maxing of physical logistics, loudness of sound, and timbral flexibility relative to the era and setting:
The railroad preceded the rise of the large, Sousa-style marching band, which also made use of the loudest instruments of the era(brass). After electric amplication set in you got an era of radio crooners and smaller-piece popular groups, which ultimately gravitated towards the now familar guitar-keys-drums arrangements by midcentury as the nascent rock band could fit that gear on a bus and get a wide timbral variety with use of amplification and effects without relearning the instruments. The guitar in particular has a good ergonomic profile while also being amenable to amplification and effects, hence the stereotype of the "travelling guitarist" coincides with its central role in large arena rock productions where a three or four-piece plays to an audience of tens or hundreds of thousands.
The laptop fits in with the trend by being even smaller, more portable, more flexible. It fills in nearly every need for back-up, so a solo act can sound as big as desired. And it can be used in its own right as a performance instrument, though computer keyboards aren't tremendously expressive interfaces in the way guitar strings are. (For that, there is always someone selling some kind of new controller interface idea. Though they have a habit of not sticking...)
I at least have gone the other way, I watch Facebook live performances or other recorded live things like Postmodern Jukebox or deWolff. I'm tired of the overproduced soulless studio music.
Implying that the only musicians that tour are the ones on the Billboard 100 is a little disingenuous. There are countless "traditional instrument" bands from genres like indie/folk all the way to blackened death metal that are constantly releasing music and touring.
Also, love it or hate it, modern country music is extremely popular in parts of the US, and that's (mostly) traditional instruments as well.
Yeah i was being flippant. That said, it really is eye opening looking at hit lists. Also, i have deep respect for country, but even that genre is heavily influenced by trap and dance music these days. Wild.
The pandemic has been brutal to traditional bands who play real instruments, but no way are they gone forever.