To be honest, I don't like the look of Effect for the same reason I don't like error handling in Golang. It's easier to assume anything can fail (which is 99% correct) and use exceptions. But anyway, every language can be extended in many ways, so I can really only compare default vs default.
It's fine to not know about the goods in the TypeScript ecosystem.
Again, I recommend you checking libraries like effect-ts or effect/schema or even better trying them.
https://effect.website/docs/getting-started/why-effect/