Suddenly when I try to copy anything from Illustrator to Photoshop (doesn't matter if I choose smart object, pixel or whatever) I get 3 minutes of spinning beach ball and a crash saying something like "can't complete paste command because the transfered area is empty or contains invalid data".
I tried restarting my computer, it worked for a couple of times and then again, spinning beach ball. Very very annoying.
I'm on a Mac OS Big Sur running on a Macbook Pro M1 chip. Don't know if it has anything to with that.
Having the same problem here (Mac Mini M1) execpt from the fact that I don't receive any error message, it just hangs up until I forcely quit it.
I had the same problem yesterday with a brand new Mac Mini M1 chip. I was trying to drag/drop an .ai file into Photoshop—which made it hang up (spinning beach ball). I got the error message: "Could not complete th Paste command because the clipboard data is empty or invalid." I tried the same file in an .eps format and it worked fine.
Thanks artistJB. Copying content from the .ai file to a new one saved as .eps did let me copy the object from illustrator to photoshop with no errors.