Magnetic bearings work by levitating a rotating shaft so that it is not in contact with its supports. This greatly reduces the friction of the system.
In all of the literature that I have seen on magnetic bearings, the bearings are described as "low friction" and not "no friction".
... they do not suffer from wear, have low friction ...
... they do not suffer from wear, they have low friction ...
... A low-friction bearing ...
... extremely low friction and wear ...
It would seem that there wouldn't be any friction since the magnets are keeping the rotating shaft from touching anything.
Where does the friction come from in magnet bearings?