Clearly we are more productive with the tools. However it is very, very easy for people to see the tools as magic. At some point we need to actually understand what it is that we are doing. For which those equations and symbols are essential.
Yes, the computer can draw a pretty picture. Pretty pictures are helpful in conveying information. But they are a horrible way to understand inherently complex topics.
For example pictures are essential for conveying basic concepts in in multi-variable calculus. But you won't make much sense of the topic until you actually understand the three basic mathematical representations of a surface embedded in a higher dimensional space (function, level surface, and parametrized coordinates), how each connects to the tangent to the surface at a point (whether that tangent is a line, plane, or something higher dimensional). And you need to understand this in an n-dimensional way because that comes up, a lot.
So no, we won't lose equations and symbols. Ever. They are essential, and there is no possibility of real understanding without them.