Issue with new "Configuration cache" optimization

[AndroidDeveloperLB]

Android Studio now has a new build analyzer.
One of the things it suggested to try out to reduce build time , is something that when enabled, seems to have issues with this plugin alone.

classpath 'io.michaelrocks:paranoid-gradle-plugin:0.3.5'

When trying it out, I get this error:

I believe that it's talking about the org.gradle.unsafe.configuration-cache=true flag that was suggested to be used here:

https://proandroiddev.com/how-we-reduced-our-gradle-build-times-by-over-80-51f2b6d6b05b

If it is this one, I think it's still experimental, but now it's the best time to check it out, to make sure that stable version of the IDE won't have to face this issue, as it might be enabled by default.

IDE information:

Android Studio Bumblebee | 2021.1.1 Beta 2
Build #AI-211.7628.21.2111.7824002, built on October 14, 2021
Runtime version: 11.0.11+9-b60-7590822 amd64
VM: OpenJDK 64-Bit Server VM by Oracle Corporation
Windows 10 10.0
GC: G1 Young Generation, G1 Old Generation
Memory: 8048M
Cores: 12
Registry: external.system.auto.import.disabled=true, ide.settings.move.mouse.on.default.button=true, debugger.watches.in.variables=false
Non-Bundled Plugins: GenerateSerialVersionUID (3.0.3), GenerateSerializationHelpers (1.0.6), Show As ... (1.0.3), com.dubreuia (2.2.0), com.intellij.marketplace (211.7628.36), String Manipulation (8.22.203.000.1), org.jetbrains.kotlin (211-1.6.0-RC2-release-765-AS7442.40), com.google.mad-scorecard (1.2), com.ppismerov.ksvu (0.0.1), izhangzhihao.rainbow.brackets (6.21), org.intellij.plugins.markdown (211.7142.37)