DeletedUser237 the main purpose of computrace (now absolute module or persistance) is to help companies to locate stolen laptops and delete data remotely.
However, it's a backdoor. On windows machines like Dell or Lenovo, once activated and if previous owner still pay absolute software then you can't disable it.
Absolute software has full access to your drive if running windows. Even if you reinstall a clean copy of windows, it will self reinstall in the system32 directory.
Computrace also make your computer more vulnerable to cyber attacks.
Disable does not mean that computrace isn't installed on your laptop, it means that it's not communicating with absolute servers.
Computrace should always be set to permanently disable.
Good to know, computrace does not work if running a Linux desktop distribution. Binaries are for windows only.
On macOS, the module doesn't survive a reinstall of the OS (Apple does not allow it to be embedded in the hardware like Dell or Lenovo does)