Editing a text layer in Premiere causes extreme slowdown / lag

Starting a new thread for this – replying to the older thread ( https://community.adobe.com/t5/premiere-pro-bugs/premiere-pro-working-with-text-insanely-slow-with-no-cpu-gpu-load/idi-p/14014967/load-autosave/true#feedback-error)  doesn't seem to work, perhaps because I've included a video in my reply.

I'm experiencing extreme slowdown while adding 1 layer of text to 1 layer of video on a longform video project. I've have more or less had the same issue across every Premiere project for years now – and I'm sad to hear there's no fix coming.

Here's my video of the same extreme slowdown issue when using the text panel: https://youtu.be/PyOaGVn-ql4

Compared to the user in the older thread, my example of the issue on an even simpler timeline (one layer of text on top of one layer of video), but that isn't stopping Premiere from falling apart at the seams!

For reference, I'm using an Apple M1 MAX MacBook Pro with 64 GB of RAM, so the hardware is far from the issue here.

In the last thread, the user @AndrewTheGreat was told it was his fault for daring to use... a whopping 5... layers of text in this professional-grade video editing software. But like he said: there are countless free iOS apps that can do similar things without breaking a sweat! Instagram can do it! TikTok can do it!

I recognize that Premiere is a whole different kettle of fish – it's clearly built on an aging, creaky infrastructure that Adobe is unable or unwilling to fix – but jeez, man, don't people edit entire movies with this software?

It worries me that the official Adobe solutions always sound like "Hey, what if you disabled all your text? Or rendered it out as its own thing and brought it back in? What font are you using again?" It really feels like these are short-term treatments of the symptom, not the disease, and I'm a little alarmed that Adobe doesn't seem to feel any urgency in fixing these issues that thousands of power users experience daily. Text is a pretty basic feature, I think you'd agree!

It's a little hilarious to see users being told to just "remove all their graphics and text layers" – but not one mention of "Hey, we recognize that this is an issue, and are taking steps to fix it."

Is this really not something that we can pray Adobe will fix down the road? Does it really fall on us, the users, to disassemble and reassemble our entire workflows around this creaky piece of software, when every competitor's software can do these very basic things without any of these issues?