I mean that’s what it suggests on its face, but literally the same track the slim shady character is shot and killed then reveals it was all a dream in the outro, which really undercuts the entire narrative of the album leading up to that point (13 tracks into the album BTW). To me it feels a lot like a “haha jk idiot” since Eminem admits on another track that the slim shady character was an outlet for (paraphrasing here) “the stuff that’d get you ridiculed but we all know is true” amongst other messed up stuff.
I watched the director’s extended cut and wow that cut makes it so clear that the director is a pedophile it’s disgusting. We looked up the differences after and it’s the majority of the more questionable scenes. Similarly we looked up the director’s wiki page and he’s got some gross history (see personal life)