I just decided to try messing with stuff, and turning the max atlas size down (from the default largest possible to 2048) solved the problem.

I can't reduce the graphics options, it's in the settings tab and the button doesn't work when I try to press it.

Updated to 17.1, but all the clickable stuff is messed up. Buttons that are just straight up "click this" I can click and they work, stuff like ore settings where it brings up a list don't work at all.

Here is the load screen: https://i.redd.it/3hdpslrqxzi21.png

Here is in-game with the "inventory ...