(5070 :: 2)
Ok so i am wondering for a solution to this issue, here is a screenshot of the problem and it makes no sense I know for a fact my PC is powerful enough to handle using the ray- traced 3d renderer inside of after effects, I use other 3d programs like cinema4d and maya all the time no issue, this was simply turning a png image into a 3d layer with the ray trace renderer and it says this, it also says it on my main project. 
My GPU IS: GTX 1060 3GB
CPU: i5
RAM: 16GB DDR4