Хорошо, кажется, я понял -
it('isElementDisplayed vs toBeDisplayed vs isDisplayed vs waitForDisplayed', () => {
browser.url('https://www.ratvader.com/')
//isDisplayed is used on an Element
console.log($('#abc').isDisplayed())
//isElementDisplayed is used on a browser
console.log(browser.isElementDisplayed('#abc"]'))
//toBeDisplayed is used in assertion
expect($('#abc')).toBeDisplayed()
//waitForDisplayed is a wait condition
$('#abc').waitForDisplayed(6000, false, 'i have timed out', 200);
});