the real issue is that Android has not released simulators for Windows arm, only for Mac arm. You can use the windows subsystem for android (WSA), but it goes out of support in March. You probably should just use a real android device.
https://learn.microsoft.com/en-us/windows/android/wsa/
note: the error is because the simulator is an x86_64 program running under your laptop's x86_64 emulation. the simulator program is the x86_64 host in the error message.