Ask HN: Is a Carnival sized application of Lenz's law possible?

I've wondered for a while if it's possible to make a giant Lenz's law ride. Like a blown up version of this [1] video.

I think the experience of falling slowly down a tube would be very interesting.

I know it would be expensive, but money aside, would it be possible in any form?

[1] https://www.youtube.com/watch?v=N7tIi71-AjAMaybe