Android Studio Failed to load platform rendering library

Question

I have a project started from scratch on Android Studio. The layout editor was working fine. After adding the Google Play Services library, now when I open my layout XML file I get the following error in the Design tab: "Rendering Problems: Failed to load platform rendering library"

In the Text tab, all the attributes for my TextView components have a warning "Unknown attribute android:[...]" where [...] is the attribute being declared.

Anybody know how to fix this issue?

Answer 1

Just want to add an answer that worked for me: Changed the version of the preview from N to 23, like so: