In the late 1780s, shortly after the Industrial Revolution had begun, Alexander Hamilton, James Madison and John Jay wrote a series of 85 spirited essays, collectively known as the Federalist Papers. They argued for ratification of the Constitution and an American system of checks and balances to keep power-hungry “factions” in check.

A new project, orchestrated by Stanford University and published on Tuesday, is inspired by the Federalist Papers and contends that today is a broadly similar historical moment of economic and political upheaval that calls for a rethinking of society’s institutional arrangements.

In an introduction to its collection of 12 essays, called the Digitalist Papers, the editors overseeing the project, including Erik Brynjolfsson, director of the Stanford Digital Economy Lab, and Condoleezza Rice, secretary of state in the George W. Bush administration and director of the Hoover Institution, identify their overarching concern.

“A powerful new technology, artificial intelligence,” they write, “explodes onto the scene and threatens to transform, for better or worse, all legacy social institutions.”

The most common theme in the diverse collection of essays: Citizens need to be more involved in determining how to regulate and incorporate A.I. into their lives. “To build A.I. for the people, with the people,” as one essay summed it up.

The project is being published as the technology is racing ahead. A.I. enthusiasts see a future of higher economic growth, increased prosperity and a faster pace of scientific discovery. But the technology is also raising fears of a dystopian alternative — A.I. chatbots and automated software not only replacing millions of workers, but also generating limitless misinformation and worsening political polarization. How to govern and guide A.I. in the public interest remains an open question.