I have the same problem.
That said, my machine is working just fine, notwithstanding these error messages appearing multiple hundreds of time per day.
My untutored view is that it's sloppy programming somewhere and the offending party seems unable or unwilling to fix it.
Life's too short for this nonsense - I've disabled the log, so the errors are no longer reported.
How?
Within EventVwr, navigate down the logs (left hand pane) until you reach Applications and Service Logs-Microsoft-Windows-ModernDeployment-Diagnostics-Provider-ManagementService
Right-click on the log - Properties - Disable log
My machine continues to work just fine.
Thank you so much for this remedy as I will do this on my wife's laptop. Even though this does not solve what is causing these errors being generated and the lack of MS acknowledging this problem and implementing a fix, I find this the best way to take care of these errors at this time. I am so tired of MS updates causing errors that bleed red in our Event Viewers for users to chase down like this one. Like you my wife's laptop is running fine and I am sure it will continue to do so after I do what you suggest. Thank you again.
Respectfully