Illustrator takes 10-30 minutes to open (Mac OS Monterey)

I've been having issues with Illustrator loading for a while, and today it was so bad I decided I needed to post something to the community.

I completely restarted my computer (Mac OS Moneterey), and clicked Illustrator and Photoshop to open them. Nothing else. I clicked Illustrator first. Photoshop opened in a couple of minutes. Fifteen minutes later, Illustrator is still at the loading screen with the puffins. Then I get to the empty workspace area, where it sits for another 10-15 minutes, my cursor spinning non-stop. I force quit, then clicked and dragged an .ai file into Illustrator. Same thing. Then I double-click an .ai file to open it, and then it works.

This is really hindering my work performance. I can't be waiting 30 minutes for my primary work program to load. It's only Illustrator having the issue - Photoshop, InDesign, and Reader (the only ones I use) are fine. They take a bit of time to open, but nothing like Illustrator, which is, of course, the program I use the most.

Was there an update that could be causing this? My computer specs are attached as an image. Any help would be greatly appreciated. Thanks!