Low memory warning on brand new computer. Cache has beeen cleared, but nothing helps. 100GB of cache. Apple M5 MAx 64GB RAM - 52GB availble for AE

AE is unusable. All solutions online are not working. What is going on?

I have hardly been pushing the program to it’s limits and it pretty useless right now.

Cache size is 100GB. It has been cleared. Bin emptied. Comp restarted. AE updated. Purged all memory and dish cache.