google eric schmidt
Eric Schmidt , former chairman and CEO at GOOGLE visits Fox Business Network Studios on April 16, 2019 in New York City.
  • AI Technology has advanced rapidly and gained popularity in recent years. 
  • Former Google CEO Eric Schmidt told ABC News the technology has promise, but there are concerns.
  • He said the industry has to work to find "guardrails" to prevent negative impacts on democracy. 

Former Google CEO and Chairman Eric Schmidt said there are many advantages to AI technology, which has been expanding rapidly, but the industry has to ensure the technology "doesn't harm but just helps."