It is because you are trying to play a file with a higher bitrate than your hardware supports. The auto-configuration should work, if you just answer that dialog with the "change and continue" option.
I don't know what hardware you have there though, and if it really supports 64-bit audio. You might be able to get some better results than that if you tell us what audio hardware you have, and we can come up with a good set of Output Settings.
For example: I also see you are resampling everything to 44.1kHz. This is probably unnecessary. Usually you'd want to only resample unsupported sample rates (below 44.1 and above 96 or something like that), and leave everything else alone.