12.4 simulator is not usable on Big Sur

Xcode: Version 12.2 (12B45b)
Big Sur: 11.0.1 (20B29)

Running application in iOS 12.4 simulator is basically not usable. UI doesn't respond to any interaction.

W-T-F is going on, Apple?
12.4 simulator is not usable on Big Sur
 
 
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