Changing flux in metals generates eddy currents, which can be affected by the conductivity and configuration of the conductor. A closed loop conductor allows for a stronger eddy current compared to an open loop due to the necessity of a complete path for current flow. The discussion highlights that while an open loop may experience some eddy currents, they will be significantly weaker because the path is incomplete. Gravity can do work on a closed loop conductor, producing current as it descends, but this effect diminishes in open circuits. Demonstrations, such as those conducted by UC Davis, effectively illustrate the principles of eddy currents and their practical implications.