Trying ti save Final Cut New library to a folder is unsuccessful
I just recently acquire a new MacBook and decided to give Final Cut a try. When trying to create a new library and save it displayed the following message "This document cannot be saved to the selected location. Select a local storage device, SAN, or supported SMB location." Any guidance will be highly appreciated. I also left a screen shoot of exactly what I'm seeing in case it helps diagnose the issue.
MacBook Pro (M2 Pro, 2023)