Conversation

They feel less arbitrary. Algebraic effects feel made up, then justified ad-hoc within a type system, whereas monads feel like they're a more fundamental emergent property of a type system. Just a vibe I have though.
1
There is more precision and theoretical motivation there if you go into the theory of algebraic effects, but it is a bit of a mountain to climb. “What is algebraic about algebraic effects and handlers?” goes into more details, but it's a bit heavy:
1