I don't see any buttons that allow me to "set" the text. In a video you posted for another issue, it shows two buttons, something like "add as layer" and "merge with layer" (the video is very small and I can't zoom it). For me, there are no buttons there, no matter how wide I make that right-edge panel. So the text tends to disappear unless I switch to some other tool, and even then it seems to disappear when I try to do other things.

Can you please advise how to get these buttons to appear, or if it's a bug?

I'm running Version 3.22 (2023042401) on macOS 13.3.1 (a), on an M1 MacBook Pro.

edit: just updated to Version 3.23 (2023050501) and the problem remains.