I did that reset several times on my own and with the voice on the telephone. It works in the System Settings but not in everyday use. This is on my Mac Mini M4 but it was also on my previous M1. So, it is not the install. I have had to find and correct HUNDREDS of typos in TextEdit and Pages because of this cursor nonsense.
The other change that Apple made by adding a screen icon whenever Caps Lock was on I managed to get rid of using a terminal command which I hate touching. I think it is going to take a terminal command for this also — if I could find one online. I wish Apple "engineers" would come up with a terminal command to change it back.
I have been using Macs since the mid-nineties with a perfectly good cursor and a light that appears ON MY MAC KEYBOARD. I don't need Apple's forced changes. I wish Apple would stop making annoying changes without the consumer having the option to avoid all "new features". I don't know who down in California thought either of those changes was a good idea.