No, the developer even came out after the video and said the what he said about the demo, and the laptop specs, are true. The video of the ps5 video was playing on repeat in the video, so they could address different technology, implementation, and so forth that was going on.
I mean seriously, why would he need to give the specs of the laptop, and a specific framerate during a screen, in regards to playing back a video? He would only need a single for processor, 2gb of ram in order to do that. There would be no reason for him to lie, as he's had hands on with the engine himself, and doubled down by confirming the specs of the laptop that it ran on. Even one of the least devs from the ps5 reveal said it was running pretty good on a 2070. Seriously, why would a dev lie about that in a video where you received a more technical breakdown of the engine, and how they were able to get nanite/lumen working to begin with. In a developer eccentric vlog, not a consumer show off.