By Hunky 
Adobe is dropping GPU acceleration support for all Kepler Series Nvidia GPUs from their Creative Suite Applications. This includes the 23.0 versions of Premiere Pro, After Effects, Audition, Character Animator, and Media Encoder.
What is & which are the Nvidia Kepler Series GPU?
Kepler series is a code name for Nvidia consumer end GeForce Graphics cards found in desktop and mobile / laptop / note book computers. These cards are almost 10 years old now, first released in 2012, Nvidia themselves dropped driver support for these cards from 2020 onwards. Some of the cards effected by this are,
Desktop Graphics Cards (GPU)
NVIDIA GeForce GTX TITAN Z
NVIDIA GeForce GTX TITAN Black
NVIDIA GeForce GTX TITAN
NVIDIA GeForce GTX 780 Ti
NVIDIA GeForce GTX 780
NVIDIA GeForce GTX 770
NVIDIA GeForce GTX 760 Ti
NVIDIA GeForce GTX 760
NVIDIA GeForce GTX 760 (192-bit)
NVIDIA GeForce GTX 760 Ti OEM
NVIDIA GeForce GT 740
NVIDIA GeForce GT 730
NVIDIA GeForce GT 720
NVIDIA GeForce GT 710
NVIDIA GeForce GTX 690
NVIDIA GeForce GTX 680
NVIDIA GeForce GTX 670
NVIDIA GeForce GTX 660 Ti
NVIDIA GeForce GTX 660
NVIDIA GeForce GTX 650 Ti Boost
NVIDIA GeForce GTX 650 Ti
NVIDIA GeForce GTX 650
NVIDIA GeForce GTX 645
NVIDIA GeForce GT 640
NVIDIA GeForce GT 635
NVIDIA GeForce GT 630
Laptop / Notebook (Mobile) GPU
NVIDIA GeForce 710A
NVIDIA GeForce 810M
NVIDIA GeForce 820M
NVIDIA GeForce 825M
NVIDIA GeForce 910M
NVIDIA GeForce 920M
NVIDIA GeForce GT 640M
NVIDIA GeForce GT 640M
NVIDIA GeForce GT 640M LE
NVIDIA GeForce GT 640M LE
NVIDIA GeForce GT 645M
NVIDIA GeForce GT 650M
NVIDIA GeForce GT 650M
NVIDIA GeForce GT 720M
NVIDIA GeForce GT 730M
NVIDIA GeForce GT 730M
NVIDIA GeForce GT 730M
NVIDIA GeForce GT 735M
NVIDIA GeForce GT 740M
NVIDIA GeForce GT 740M
NVIDIA GeForce GT 745M
NVIDIA GeForce GT 745M
NVIDIA GeForce GT 750M
NVIDIA GeForce GT 750M
NVIDIA GeForce GT 755M
NVIDIA GeForce GT 755M
NVIDIA GeForce GTX 660M
NVIDIA GeForce GTX 660M
NVIDIA GeForce GTX 670MX
NVIDIA GeForce GTX 675MX
NVIDIA GeForce GTX 675MX
NVIDIA GeForce GTX 680M
NVIDIA GeForce GTX 680MX
NVIDIA GeForce GTX 760M
NVIDIA GeForce GTX 765M
NVIDIA GeForce GTX 765M
NVIDIA GeForce GTX 770M
NVIDIA GeForce GTX 775M
NVIDIA GeForce GTX 780M
NVIDIA GeForce GTX 780M
NVIDIA GeForce GTX 860M
NVIDIA GeForce GTX 870M
NVIDIA GeForce GTX 880M
What is GPU Acceleration?
Any video editing, rendering or 3D modelling software can use power of GPU for accelerated workflow since GPU is much faster compare to doing this same processing via your CPU. You can read more about the details here at Expiation of Adobe -> https://helpx.adobe.com/in/premiere-elements/using/gpu-acceleration.html
So it is not that the software mentioned here will stop functioning without the support for GPU acceleration.
What should you do?
If you happen to be someone who uses Adobe software and your computer is running any of the above-mentioned Kepler Series Nvidia Graphics Cards or GPU, then there are two things you can do.
Either you buy another modern graphics card or computer with modern graphics card or you do not update your creative suite application to version 23 or higher.
Yes, you may miss out on some new features of new version but your computer (adobe applications) will continue work as they used till version 22.
News Source :- Adobe Press Release -> Upcoming system requirements changes for our video and audio apps