All the computer abstractions help solve computer problems and in turn make it easier to implementation solutions but doesn't make the business problems any smaller.
It still doesn't change the fact that the surface area of that layer is enormous, and so is the space between it at the bottom and your problem at the top. All the details in between is what you need to figure out.
I'm not completely sure the bottom can be qualitatively raised very far up. The digital computing abstraction is a qualitative model change, from physics to mathematics. Experience suggests that when you decompose a business problem, the lowest algorithmic details very often end up on, or slightly above, that bottom layer - so you need the ability to work on that level. Of course, if you're willing to limit your scope and problem domain, then a lot of things can be abstracted further - but they won't generalize.
More specifically, people generally have a vague idea of what they want. While you could explain a fully precise mathematical model that corresponds to that idea, people don't really have a good way to know if the model is correct or if there is some hidden corner case that causes problems. So they accept the model until they find one case where it was wrong.
The real problem is that humans imagine things and communicate them at very high abstraction levels, without filling in the levels below. Much like a children's drawing of a car is nowhere near detailed enough to serve as a blueprint for building one, our usual descriptions of stuff don't contain necessary details at all. If you want to build a real thing, all the work to fill in the lower levels of detail needs to be done. You can't magick it away. Today, that work is done 10% by the people writing specifications and 90% by programmers figuring things out. In the future it might be done by a computer - but that computer would necessarily need to be a human-level artificial intelligence, doing all the work programmers do to go from the way we communicate to a working program.