Unable to update Plex Player for Mac

Server Version#: 1.32.5.7516
Player Version#: 1.83.1.4061-d3f45728
When I relaunch the Plex Player and it tries to update it fails and says there is an update problem with this message:

There was a problem installing the update:

Unable to create symlink /Applications/Plex.app.new/Contents/Resources/qml/QtQml/Models/libmodelsplugin.dylib to ../../../../PlugIns/quick/libmodelsplugin.dylib details: File exists

How can I fix this?

The easiest solution is likely to just download the app and replace your copy with the freshly downloaded one.