An FDA Warning Letter in August 2024 traced a tenfold medication overdose to an electronic dispensing algorithm that lacked safety guards. The incident highlights a critical gap: AI adoption in clinical trials is accelerating, but misconceptions about how these tools actually work are creating real regulatory and operational risk. Four assumptions stand out. First, that AI removes the need for human oversight. ICH E6(R3), now adopted globally, explicitly requires sponsors to maintain oversight of all trial activities, including automated systems. Second, that AI automatically produces diverse trial populations. A 2025 analysis of 341 Phase III trials found only 6% achieved enrollment aligned with U.S. demographics, and AI trained on historical data can reproduce those same gaps. Third, that performance in controlled evaluations transfers directly to live operations. And fourth, that AI reduces trial costs across the board. The FDA and EMA jointly published Good AI Practice principles in January 2026, emphasizing transparency, validation, and documented human oversight. The technology has genuine potential, but only when validation, data governance, and context-specific monitoring are built into the workflow from the start.