No, algebraic effects are a generalization that support more cases than LISP's condition system since continuations are multi-shot. The closest thing is `call/cc` from Scheme.

Sometimes making these parallelism hurts more than not having them in the first place

Also literal "resumable exceptions" in Smalltalk.

What a thought-terminating way to approach an idea. Effects are not simply renamed conditions, and we have a whole article here describing them in more detail than that one sentence, so you can see some of the differences for yourself.

Also dependency injection.