Cant use Xcode on iOS 16.4 anymore

I was using Xcode with ios 16.4 Simulator (and playground sim) on another macbook pro i5 8gb ram. I recently purchased a macbook air 16gb ram M2 and installed xcode on it, I also installed iOS 17 to use but noticed my system was heating up quite a bit which i felt was unusual for the specs i have, however, i deleted the iOS 17 SDK and installed 16.4, but now when i open an Xcode project, it tells me it cannot run without iOS 17 SDK, can i not use it with 16.4?

Cant use Xcode on iOS 16.4 anymore
 
 
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