exercise monitor – “Your system has run out of utility reminiscence” on Apple Silicon M3 Max 36 GB Reminiscence! Why?

I have been utilizing Macs for 15 years, ranging from a 2009 MacBook Professional with 4 GB of RAM, then upgrading to a 2016 MBP with 16 GB of RAM, and now, since final December (2023), upgraded to my first Apple Silicon Mac, an M3 Max 16″ MBP.
For context, the primary MBP has 320 GB of spinning storage, the second has 500 GB of SSD, and this one has a 2 TB SSD.
By no means till yesterday I had obtained the message proven right here:

“Your system has run out of utility reminiscence”. I have been utilizing the identical type of apps since 2009, and at all times had loads of apps open on the similar time, and I am doing nothing actually totally different now that I wasn’t doing earlier than. I recurrently (no less than as soon as per week) restart or shut down the Mac.
That is from Exercise Monitor simply after the message got here up:

I initially thought this was Acrobat since after quitting it (which was utilizing about 3.5 GB of reminiscence with no open doc in any respect…) the state of affairs stabilised for some time, then it occurred once more yesterday, and at the moment once I opened Illustrator. Simply launching the app brought on this message to pop up.

I’ve learn earlier posts on this similar problem however nobody appeared to narrate to Apple Silicon. Once more, on Intel, I’ve by no means had this, and with a lot much less reminiscence than I do. Additionally, take a look at the graph, no swap used in any respect. Should not Mac simply use Swap if there is a matter as a substitute of asking the person to drive give up apps?
I actually don’t perceive what’s going on right here. The SSD is about 80% free!

Lastly, I’ve been doing the identical issues since getting this Mac, and it had by no means occurred earlier than. Even when I launched all apps collectively on the similar time, this could simply not occur, and the system ought to handle reminiscence much better than this.
For the data, I’m not noticing any slowdown in the best way the Mac behaves, the CPU utilization will not be burdened in any respect.

What can / ought to I do?