It'd be an interesting experiment to take memory snapshots after each step in a workflow, which an API like Firecracker might support, but likely adds even more overhead than current engines in terms of expense and storage. I think some durable execution engines have experimented with this type of system before, but I can't find a source now - perhaps someone has a link to one of these.
There's also been some work, for example in the Temporal Python SDK, to overwrite the asyncio event loop to make regular calls like `sleep` work as durable calls instead, to reduce the risk to developers. I'm not sure how well this generalizes.