My creations and collections are not affected, but neither my owned nor installed games appear in the library. Luckily, I haven't purchased anything over itch.io yet, it's just been game jam games, but I can see this being a problem if it's a glitch.
Maybe it just hasn't finished scanning? I do have a lot of folders on my computer, but it's been scanning for a good 10 minutes already. Clicking view all on either category just leads to the "nothing to see here" page.