Processes in Microsoft 365 for setting up Office apps, redeeming product keys, and activating licenses.
Options > Privacy> "Turn on all connected experiences" and "experiences that download online content" enable both radio buttons. Restart MSO. Close MSO. Run MSO repair with online option.
As pointed out, this is something that several others have already tried...sometimes it works, and sometimes it doesn't. In other words, it's not a "reliable" solution. Additionally, this reactivates OneDrive, which is something a lot of people do NOT want. Personally, I prefer Google Drive, which is more easily accessible across multiple platforms, and via almost any device.