The io interface looks like OO but violates the Liskov substitution principle. For me, this does not solve the function color problem, but instead hides it. Every function with an IO interface cannot be reasoned about locally because of unexpected interactions with the io parameter input. This is particularly nasty when IO objects are shared across library boundaries. I now need to understand how the library internally manages io if I share that object with my internal code. Code that worked in one context may surprisingly not work in another context. As a library author, how do I handle an io object that doesn't behave as I expect?
Trying to solve this problem at the language level fundamentally feels like a mistake to me because you can't anticipate in advance all of the potential use cases for something as broad as io. That's not to say that this direction shouldn't be explored, but if it were my project, I would separate this into another package that I would not call standard.