I have recently updated to version v3.3.2 on macOS 12.6.7 - and while it’s upscaling a video all my text editors slow down when scrolling and input. Even my browser input url.
I have tried to change the Mac Memory Usage to 60% in the Preferences → Processing but still no luck. The AI processor is set to the graphics card.
v2.6.4 is built on an entirely different code base and has less stringent requirements. As for RAM, 16GB is our bare minimum for compatibility. It is likely that you may be maxing out your RAM or getting very close to it. You can take a look at the activity monitor which will give you a better idea of what is using the most RAM.