It sounds like you are referring to panoramas? Are you using the script from Bridge, or loading into Photoshop layers, and then using Edit > Auto align? I have a feeling that Chris Cox will be along to say that align layers has not been changed with 2014, so if you can think of any clues?
I'll see if mine works OK
Heck! You are right. I created three identical layers and gave two of them a slight offset, and tried Edit > Auto Align, and got the same error message.
[EDIT] The script from Bridge is failing as well