Very strange answer Tyler. It’s like you asked an astronomer to describe to you what they believe is going on as the magnet travels trough the copper pipe.
Yet they were unable to refer to Lenz’s Law which contributes to the current being generated by the the electromagnetic source. The same current which repels against the magnet causing it to slow down as it travels down the surrounding copper tube. Gravity is a force the acts on this event. Unfortunately you can also include the gravity of the Moon, the Sun, the five planets of Kepler-186, and alien starships to help explain what is being observed.
Your answer implies that the lack or absence of gravity would eventually result in a stationary magnet unable to travel down the copper tube ( it can be moved without gravity ).
In a nutshell, the mentioning of gravity and induction only describes what is being observed. You are on the edge of understanding ( this goes for anyone else with or without a doctorate in physics ). If you really do understand what is happening I would very much be interested on how this applies to water traveling through a copper pipe.
Good video on quantum models. For that I give you points.
Thus I will share with you, my favorite lecture of MIT Physics Professor Walter Lewin ( I love this guy! )
Another professor I deeply admire and miss is Carnegie Mellon Computer Science Professor Randy Pausch ( the original guy that started the last lecture practice )