To find the length of segment \( AC \), we first need to determine the coordinates of the locus point \( C (\alpha, \beta) \). The point \( A \) is given as \( (1, 2) \) and point \( B \) lies on the curve \( x^2 + y^2 = 16 \). The line segment \( AB \) is divided by the point \( P \) in the ratio \( 3:2 \).
The coordinates of point \( B \), given it lies on the circle \( x^2 + y^2 = 16 \), can be parameterized as \( B (\cos \theta, \sin \theta) \) where \( x = 4 \cos \theta \) and \( y = 4 \sin \theta \).
The coordinates of point \( P \) dividing \( AB \) in the ratio \( 3:2 \) is given by section formula:
\[ P \left( \frac{3 \cdot x_2 + 2 \cdot x_1}{3+2}, \frac{3 \cdot y_2 + 2 \cdot y_1}{3+2} \right) \]
Substitute \( A(1, 2) \) and \( B(4 \cos \theta, 4 \sin \theta) \) into the formula:
\[ P \left( \frac{3 \cdot 4 \cos \theta + 2 \cdot 1}{5}, \frac{3 \cdot 4 \sin \theta + 2 \cdot 2}{5} \right) \]
\[ P \left( \frac{12 \cos \theta + 2}{5}, \frac{12 \sin \theta + 4}{5} \right) \]
Since \( C(\alpha, \beta) \) is the center of this locus, the average value of \( \cos \theta \) and \( \sin \theta \) over a complete cycle is 0. Thus, the expected coordinates for the locus center are derived as:
\[ C \left( \frac{2}{5}, \frac{4}{5} \right) \]
Now, find the length \( AC \) using the distance formula:
\[ AC = \sqrt{\left(\frac{2}{5} - 1\right)^2 + \left(\frac{4}{5} - 2\right)^2} \]
\[ AC = \sqrt{\left(\frac{2 - 5}{5}\right)^2 + \left(\frac{4 - 10}{5}\right)^2} \]
\[ AC = \sqrt{\left(\frac{-3}{5}\right)^2 + \left(\frac{-6}{5}\right)^2} \]
\[ AC = \sqrt{\frac{9}{25} + \frac{36}{25}} \]
\[ AC = \sqrt{\frac{45}{25}} \]
\[ AC = \frac{\sqrt{45}}{5} = \frac{3\sqrt{5}}{5} \]
Thus, the length of the line segment \( AC \) is \( \frac{3\sqrt{5}}{5} \).