How to fix Xcode “DTAssetProviderService could not start..” error?

Question

I have upgraded macOS Sierra Developer Preview, but my Xcode 7.3.1 gives below error while try to run my project on simulator. In addition Generic to archie

Answer 1

If you want the slow solution, you can reinstall Xcode 7.3.1 by downloading it from https://developer.apple.com/download/more/.

It worked for me and now my Simulator is able to start again without getting the error.

The issue is discussed in depth here: How to fix Xcode "DTAssetProviderService could not start.." error?