It is perhaps easy to read that line, think it doesn't affect you, and then move on. But thats just not the case.
The time-zone database (sometimes referred to as the Olson database) is the computing world's principle source of time-zone data. It is embedded in every Unix and Java for starters, and will be used by many websites and probably by your iPhone. You may know it via the IDs, such as "Europe/London" or "America/New_York".