As I keep saying, there are not necessarily any major 'losses' (wasted energy) - which, if present, would represent true 'efficiency problems'.
However a system of inductive coupling can be very ineffective (very little energy transferred, hence very 'slow') without there being appreciable 'losses' (i.e. 'poor efficiency'). In the real world, there will obviously always be some actual losses (hence less than 100%efficiency),but not necessarily very much.
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