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Thanks for reporting the issue . This issue is fixed with Mac OS 12.1 update .
Thanks & Regards,
An error occurred while saving the commentMel Terry commented
I'm having a related problem: I cannot save to an external drive. I'm using latest AI and latest macOS (12.2). I've been away from Illustrator for a while and wanted to see what things look like on my new M1 MacBook Pro. So far Photoshop looks and works well. No issues. Am on to Illustrator and am unable to save an ai file anywhere except the startup drive. Not good.