No it means there is only one God, not many gods.
This is where Trinitarian dogma really fall into the trap of their own nonsense.
Several years ago the verse of the year for me was
Psalm 82:6. It was the verse that our lord invoked to defend himself against the charge of calling himself god. (Jesus denied that he was claiming to be God.) I thought deeply about this Psalm and verse 6, in particular, that year. The conclusion is inescapable.
God has taken his place in the divine council;
in the midst of the gods he holds judgment:
2 “How long will you judge unjustly
and show partiality to the wicked? Selah
3 Give justice to the weak and the fatherless;
maintain the right of the afflicted and the destitute.
4 Rescue the weak and the needy;
deliver them from the hand of the wicked.”
5 They have neither knowledge nor understanding,
they walk about in darkness;
all the foundations of the earth are shaken.
6 I said, “You are gods,
sons of the Most High, all of you
The verse reveals that once again, Trinitarianism goes against explicit Scripture. YHWH does not make decisions in a vacuum; he consults the REAL and many lowercase gods in the divine council. And on Earth all (those in position of authority that YHWH gave) are also gods, YHWH's sons-plural. It's easier to understand once you begin calling Jesus' God by his divine name, YHWH.
Satan is also called the god of this world. And I'm sure you know the verse.
To understand Jesus invoking this verse, you need to open your mind to the error of your dogma.
There is more than one sense of many words, including god. (Abuse of Language, capitalization changes nothing.) In one sense, Jesus is one of many masters or lords but in another, he is never referred to as capital-LORD, God or YHWH.
There are many lords in the Bible and many real lowercase gods. To clarify, this is why 1 COR 8:6 begins with "For us, there is only one." To continue the clarification, IF the trinity was Biblical, it would be right there. But it is not. "For us, there is only one God, the Father."
A more powerful anti-trinitarian verse is hard to conceive.
This is how you know Jesus is not capital-G, God. Only the Father is God per Scripture and this is stated in
every epistle. A point, only a trinitarian could miss. Would you like me to paste where this is stated in each and every Epistle? Would that help you?