Release 3.8 - TextureImporter failure - MSB3073?

When loading assets - content.Load(“image”) - it makes a failure related to the MGCB:
“Importer TextureImporter had unexpected failure”

Other people experience this as well:
https://social.msdn.microsoft.com/Forums/vstudio/en-US/f6b3d577-219b-4598-9adc-afa643df6e03/msb3073-exited-with-code-1?forum=vsta