With a new project started using the M3 Beta theme, the Editor doesn’t offer a Label component.
Has Label been replaced by Text?
With a new project started using the M3 Beta theme, the Editor doesn’t offer a Label component.
Has Label been replaced by Text?
I see now that the Typography section of the material-3 docs confirms my suspicion.  In addition to the Text Box and Text Area components, the new Text component has two styles: label and body.