Performance of AE 2024 so far seems pretty awful, for example; on a fresh install, clean startup, I have just imported a single 1080p MP4 (h.264), made a single cut to the clip, and hit export.. during the render memory usage hit 97%. Now AE is idle and is the only application I have running, it still has 54GB sat in memory! It also appears to be constantly using 8% CPU even though I'm just sat in the render queue looking at a completed job.
CPU: 7950X
GPU: 4090 (latest studio drivers)
RAM: 64GB DDR5 6000 CL30
CACHE SSD: SN850X 4TB
Windows 11 (latest updates)
AE V 24.1.0