James Franco (Creative Commons)

Franco, who hosted the Oscar’s, studied at five universities, taught at NYU and was the “soaking wet Gucci spokesperson” on top of being a movie star, has been dobbed the modern Renaissance man by the media.

Colbert, who claims his accomplishments rival Franco’s, enlists Franco’s evil twin, Frank Jameso, to help expose Franco as a fraud.

“Why can’t you just take this [success] and run, and turn your life into some slow agonizing yet entertaining downward spiral for the rest of us to watch?” asked Colbert, who recently covered Rebecca Black's “Friday” with Jimmy Fallon, about why Franco is not satisfied with only being a famous actor.

Franco responded that he enjoys acting and the benefits of that profession, but acting does not satisfy all of his creative curiosities.  

“There is a limit to what that art is. That’s an interpretive art, it’s not exactly a creative art,” said Franco about the art of acting. “As an actor you are interpreting somebody else’s work, basically that’s it.”

Franco and Colbert ended the interview bonding over their mutual love for Tolstory, both revealing their inner-nerd. Franco’s new film “Your Highness” opens in theaters Friday.

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