Fly-by-wire technology replaces the conventional manual flight controls of an aircraft with an electronic interface. It converts the movements of flight controls into electronic signals transmitted by wires to flight control computers, which then determine how to move actuators at each control surface. This allows the system to automatically stabilize the aircraft and prevent unsafe maneuvers. Fly-by-wire provides advantages like increased stability, reduced weight and maintenance needs, higher fuel efficiency, and easier integration of advanced flight control functions.