Object Selection Tool Taking Forever / Not Working At All / Endless Load Icon

Hi all,

I just updated to the most recent Photoshop Version as I have a subscription for the variety of Adobe products (Mainly use PSD & AI and some Premiere).

Anyway, the Object Selection Tool was working yesterday. And yet today it takes forever. Selecting an object that I want to make a selection out of just leaves the program on an endless loading icon.

I've made sure that I have enough scratch disk storage space.

I have Cache Level set at 4 and Cache Tile Size at 1024K.

I have looked up previous issues other users had but to no avail my only option is to no longer use the tool.

And it isn't as if I am using it on highly complex images either. I am doing product photography, these photos consist of 3 colors - a White Background, Black Object holding Jewelry, and the Jewelry I've photographed neatly within the Black Object holding it. The tool was easily taking a second or less yesterday to select things but it's a little disheartening and my workflow will take me much longer.

My main use of the tool was selecting, contracting the selection and making quick edits and image resizing. Now I have to take longer selecting my piece within the image, and with over 300 images left to edit it's going to take change my current deadline.

If I could receive any assistance on this matter, I would be super appreciative.

I have Photoshop Version 24.0.0 20221013.r.59 3a3d761 x64

I am running an Asus Laptop: i7-10510U @ 1.80GHz - 2.30Ghz

16GBs of RAM.