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I've always had issues with ae (2020). It would always get stuck and show the spinning ball and just stop working while making a project at a certain point and then I would always have to force quit it because it wasn't responding and it wouldn't close. It would also get stuck during rendering, but that's a whole different story. Now it's not even letting me open it and getting stuck at initializing required components. Takes a while to load, but when it does go completely through this happens. I also reset preferences and that didn't change anything. I have no idea why ae doesn't like to work and hope this can get fixed. On a Mac OS.
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Update: The next morning it did open and showed this, but then the spinning ball just showed up and I couldn't click on anything or do anything so I had to force quit it. It said "your disk cache folder is on a drive that does not have enough available space to safely store the full amount specified in your preferences. Please make more space available or to to media and disk cache preferences to change the folder or maximum disk cache size"