Install MC 1.18.2, Forge, Patchouli 1.18.2-71.1, and Psi 1.18.2-98 on macOS with M1/M2/M3 CPU and native aarch64 JDK (could be any JDK 17.* from sdkman).
This was an issue fixed in the 1.19 version of Psi. You can work around this by disabling Psi's shaders in the mod's client config. (useShaders = false)
Version Information
Forge version: 40.2.17, 40.2.9 Psi version: 1.18.2-98 (although it reports itself as version 2.0.0. wtf?)
Further Information
Link to crash log: https://mclo.gs/hxKxU85
Steps to reproduce:
Screenshots from Prism launcher: