The chunks should load fairly well with my 32GB of RAM, but I'm experiencing several chunk errors while exploring the world.
To replicate:
Explore new places; old ones do it too however new environments cause it the most.
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[media][media][media]
Duplicate of MC-149178
Also, 32 GB of RAM is overkill and will probably make your game run slower. Vanilla should never need more than maybe 3 or 4 GB.

I do video editing on the side. Would it be better to only allow 8GB to be used by the game?
I'd recommend either 2 GB or 4 GB unless you're using very high-definition resource packs and/or mods.