Open portals! :thinking: Are you serious? Although it could be possible to open up black holes if we are able to generate enough high energy gamma photons.
As Radim has already beat me to it, I won't go into too much detail.
Rather than effects then, I will list some interesting applications.
Here are some cool things lasers can do:
Cooling
Propulsion
Ablation
Induced plasma channels
Ionisation
Weapons
Nuclear Fusion (In progress - NIF)
Tractor beam
Holograms
Bose-Einstein condensates
3D Scanning
3D Printing
Cutting
Welding
and the list could go on and on.
A thought experiment for you. When you fire a laser at a nearby wall, the photons travel towards the wall and then reflect back again and hit your eye. To you the laser take 2x/c to get back to you. But from the photons perspective, no time has passed. We have to presume that the photons are everywhere at once, therefore they have 'arrived' (I use that word loosely) at the wall and at your eye soon as you turned the laser on. The problem is information is limited in 4D spacetime to 'c' so we can never receive the information before the time it takes for the information to travel thus keeping spacetime in check. So if the photons were always already there, then the future outcomes must already be figured out leading to the possibility of parallel universes and extra dimensions. If all this can be derived from a simple laser being pointed at a wall, then I then I personally think that is the greatest effect of all IMO.