I use mac book air with intel Core i5 with Big Sur 11.4
The output is
Homebrew
  📍 path: /usr/local/bin/brew
  ✅ version: 3.3.8

Python
  📍 path: /Users/j/opt/miniconda3/bin/python3
  🏁 min version: 3.7.5
  ✅ version: 3.8.1

Watchman
  📍 path: /usr/local/bin/watchman
  ✅ version: 4.9.0

Node.js
  📍 path: /usr/local/Cellar/node@16/16.13.1/bin/node
  🏁 min version: 12.15.0
  ✅ version: 16.13.1

React Native should not be installed locally
  ✅ package does not exist.

Yarn
  📍 path: /Users/j/.yarn/bin/yarn
  🏁 min version: 1.17.0-20190429.1820
  ✅ version: 1.22.17

Java Development Kit
  📍 path: /usr/local/opt/openjdk@8
  ✅ version: 1.8.0

Android SDK Manager
  📍 path: /Users/j/Library/Android/sdk/tools/bin/sdkmanager
  🏁 min version: 26.1.1
  ✅ version: 26.1.1

  Required Android Packages
    📦 ✅ emulator
    📦 ✅ platform-tools
    📦 ✅ platforms;android-29
    📦 ✅ system-images;android-29;google_apis;x86_64

  Installed Android Packages
    📦 build-tools;29.0.2 (29.0.2)
    📦 emulator (31.1.4)
    📦 patcher;v4 (1)
    📦 platform-tools (31.0.3)
    📦 platforms;android-29 (5)
    📦 platforms;android-30 (3)
    📦 system-images;android-29;google_apis;x86_64 (12)

Android AVD Manager
  📍 path: /Users/j/Library/Android/sdk/tools/bin/avdmanager

Android Emulator
  📍 path: /Users/j/Library/Android/sdk/emulator/emulator
  🏁 min version: 30.5.6
  ✅ version: 31.1.4

CocoaPods
  📍 path: /usr/local/bin/pod
  🏁 min version: 1.10.2
  ✅ version: 1.11.2

And the build process seems right
Installed‎ on‎ 1‎ device.

BUILD‎ SUCCESSFUL‎ in‎ 18s
132‎ actionable‎ tasks:‎ 2‎ executed,‎ 130‎ up-to-date
info‎ Connecting‎ to‎ the‎ development‎ server...
8081
info‎ Starting‎ the‎ app‎ on‎ "jvtg9xhqvo9py97x"...
Starting:‎ Intent‎ {‎ cmp=org.pytorch.live.example/.MainActivity‎ }
Done‎ in‎ 25.51s.