The problem seems to be with Luminar not properly accessing its catalog of pictures. In the Luminar FB group this was posted from the company:
Make sure Luminarᴬᴵ is closed.
Locate your Luminar AI Catalog folder. The default location is %username%\Pictures. If you specified a custom location for your catalog, search your custom location.
Rename the Luminar AI Catalog folder as well as Luminar AI Catalog.luminarai file inside this folder. Choose any name you like.
Start Luminarᴬᴵ. Click File > Catalog > Open > navigate inside the folder you renamed in Step 3 > double-click Luminar AI Catalog.luminarai file you’ve renamed in Step 2.
If the 4 steps above don’t help:
Make sure Luminarᴬᴵ is closed.
Locate your Luminar AI Catalog folder. The default location is %username%\Pictures. If you specified a custom location for your catalog, search your custom location.
Rename the Luminar AI Catalog folder as well as Luminar AI Catalog.luminarai file inside this folder. Choose any name you like.
Open Finder.
Navigate to Applications > Utilities.
Launch Terminal.
Paste the following string into the Terminal window: defaults delete com.skylum.luminarai
Press Enter on your keyboard.
Close Terminal.
Launch Luminarᴬᴵ. Go through the initial setup. Leave the location of the catalog at the default (in Pictures folder).
I didn’t need the old catalog (new user with all the backups I needed), so I just deleted the old catalog, started Luminar AI up and created a new one. Now it works.