What does the error message "parsing error: module 'next/babel' not found" mean?

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This error message typically appears when the Babel module is not installed or is not imported correctly in a JavaScript code. Babel is a tool that converts modern JavaScript syntax into older versions that are compatible with more browsers. Therefore, the error message indicates that the code is unable to parse or understand the specified module required for this conversion. To fix this error, you may need to install the required Babel module, check if it is correctly imported in your code, or update its version.