I've had this bug for quite a while now. Every time i try to play PA no terrain is generated and there is no background. You can only see the metal icons. This bug made me quit the clopse 6 (which i would anyways lose.. ) I've tried to redownload PA but nothing seems to be fixed. I'm running OS X 10.8.5 on a MacBook Air from 2011 with 4gb of ram and a 1.8 GHz Intel Core i7 I really need to get this fixed!
I had this very same problem on Linux (using an Nvidia graphics-card). Installing the latest driver (I was one driver behind) indeed solved the issue.
I've seen people complain about this, and the two most common fixes are to change your graphics settings (HDR will sometimes cause problems for certain systems) and update your drivers. https://forums.uberent.com/threads/how-to-improve-performance-all-video-cards-driver-links.53165/