Installing With Python > 3.11 (Possibly > 3.12) Results In "bdist_wheel" Error

When installing on something other than Python 3.11, the following error occurs:

```
The 'wheel' package is no longer the canonical location of the 'bdist_wheel' command, and will be removed in a future release. Please update to setuptools v70.1 or later which contains an integrated version of this command.
```

Despite the fact that I have the latest `wheel` and `setuptools` installed.