Are you still a bit confused about what net neutrality, and its apparent recent end, means for you? On last night's "Colbert Report," the comedian hilariously explained exactly why the longtime policy, which was struck down, will have important ramifications for the future of the Internet.

"I hope you know what this, means because I do not," Colbert said as his clueless character. He went onto explain why the ruling is important.

"Under net neutrality, every site on the internet has to be equally accessible, whether it be a huge behemoth like Google, or a small mom and pop site like Bing," he joked.