It won't keep AMT from running. It is independent of any OS you control. ME and AMT are stored on the BIOS chip, in 2760p it's 8MiB (~5MB ME+AMT, ~3MB BIOS).
In my opinion, whether it's reachable at localhost is irrelevant. I'm more afraid of remote accesses. The ME coprocessor has unrestricted access to all memory and other hardware. NICs too, it can have its own MAC address as well).
@jmhorner @i_lost_my_bagel
Luckily there's a solution:
me_cleaner: https://github.com/corna/me_cleaner
It'll remove all AMT code permanently, shrinking your ME firmware to under 100kB (just what's necessary to disable a watchdog timer).
Btw, there's also coreboot available for that elitebook, in case you want to get rid of the HP BIOS entirely :)