$解:(1)连接OB$
$∵\odot O的半径为1$
$∴OB=1$
$∵AB与\odot O相切,切点为点B$
$∴∠OBA=90°$
$∴OB^2+AB^2=OA^2,即1^{2}+AB^2=2^{2}$
$∴AB=\sqrt{3}$
$(2)过点B作BE⊥x轴,垂足为点E$
$\frac 12 \cdot AO \cdot BE=\frac 12 \cdot OB \cdot AB$
$∴BE=\frac {\sqrt{3}}2$
$在Rt△OBE中,OE=\sqrt{OB^2-BE^2}=\frac 12$
$∴B(\frac 12,\frac {\sqrt{3}}2)$
$设直线AC:y=kx+b(k≠0)$
$将点B(\frac 12,\frac {\sqrt{3}}2)、A(2,0)代入得\begin{cases}\dfrac {\sqrt{3}}2=\dfrac 12k+b\\0=2k+b\end{cases}$,$解得\begin{cases}k=-\dfrac {\sqrt{3}}3\\b=\dfrac {2\sqrt{3}}3\end{cases}$
$∴直线AC的函数表达式为y=-\frac {\sqrt{3}}3x+\frac {2\sqrt{3}}3$