Daly Star Online was in the audience when Schmidt, 62, was discussing AI with Professor Brian Cox during BBC's Tomorrow's World Live at London's Science Museum.
Members of the crowd were allowed to ask Schmidt – stepping down as executive chairman of Google's parent tech company Alphabet – questions on AI in future.
Seamus Ray, sitting among the audience, asked: "(Vladimir) Putin said last year that whoever wins this race or in facts leads in AI will rule the world.
"And we also had China saying that by 2024 they want to lead this race. What are your views on that?
The America thanked Seamus for bringing the subject up, before admitting he fears what rival nations may do with the technology.
He responded: "I'm very concerned about this.
"I think that both the Russian and the Chinese leaders have recognised the value of this, not just for their commercial aspirations, but also their military aspirations.
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