Ah, no. I see your point, this is as a fellow poster indicated, the location for your Creative Cloud Files folder. I will check with the team to see if we can make the language clearer.
Thanks for being so responsive. This is a truly alarming UI.
While you're at it, please ask the user whether he wants to sync at all during installation. By default it should not sync.
I only have Creative Cloud installed because I am a Lightroom and Photoshop user. I use the sync feature in Lightroom but do not need another generic file system cloud sync.