It is clear that the Internet has the capacity to change how individuals interact with others as well as increase access to information. Whether either one of these factors affects the social landscape has yet to be determined. This fact has not kept many from anticipating the effects of the technology on society. In this paper, we contextualize some of the main issues of discussion regarding the Internet, describing these positions in terms of utopian and dystopian perspectives. By resurrecting William Ogburn's theory of the cultural lag (1964), we present a framework for understanding the extreme responses to the technology. The lag suggests that the effects of a technology will not be apparent to social actors for some time after it is introduced to a society. As such, much of the discourse concerning the Internet is ideologically charged, filled as much with the hopes and fears of individual authors as with the reality of the medium's effects.