operator-sdk: FATA[0020] failed to initialize project: unable to scaffold with "base.go.kubebuilder.io/v3": exit status 2

First tutorial command fails:

operator-sdk init --domain mypopescu.com --repo github.com/al3xandru/memcached-operator.

The other similar issues suggest an incompatible go version. I made sure the above runs with go 1.16:

go version go1.16.14 darwin/amd64

Output

Writing kustomize manifests for you to edit...
Writing scaffold for you to edit...
Get controller runtime:
$ go get sigs.k8s.io/controller-runtime@v0.11.0
go: downloading github.com/evanphx/json-patch v0.5.2
go: downloading k8s.io/client-go v1.5.2
# sigs.k8s.io/json/internal/golang/encoding/json
/Users/alexandp/go/pkg/mod/sigs.k8s.io/json@v0.0.0-20211020170558-c049b76a60c6/internal/golang/encoding/json/encode.go:1249:12: sf.IsExported undefined (type reflect.StructField has no field or method IsExported)
/Users/alexandp/go/pkg/mod/sigs.k8s.io/json@v0.0.0-20211020170558-c049b76a60c6/internal/golang/encoding/json/encode.go:1255:18: sf.IsExported undefined (type reflect.StructField has no field or method IsExported)
Error: failed to initialize project: unable to scaffold with "base.go.kubebuilder.io/v3": exit status 2