[Python] Visual Studio -- Python Preview Error "Failed to launch the Python Process, please...

I am trying to use a VS Code Extension called "Python Preview" on a very simple python program (basic print statements and assigning variables that are printed) and for some reason, whenever I try to use it an error message pops up at the bottom of the screen: "Failed to launch the Python Process, please validate the path 'python'. Source: Python Preview (Extension)". How do i fix this? I am running on a M1 Macbook air, MacOS Monterey 12.3, Python 3.10.4 64-bit, VS Code Version: 1.66.0 (can't seem to find a fix for this problem on Mac).

I have tried restarting my Mac and completely deleting and re-installing VS Code. Tried to do some solutions from this post Visual Studio Python "Failed to launch the Python Process, please validate the path 'python'' & Error: spawn python ENOENT but I wasn't able to figure out how to do them on Mac.

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