Concerning the phrase “ye are gods” from Psalm 82, the individuals written of are those rulers of the earth whom God has ordained to rule. This accords with Romans:13:1–2, where the earthly authorities are identified as higher powers “ordained of God. Whosoever therefore resisteth the power, resisteth the ordinance of God. . . .” Clearly, God has placed into positions of power (Psalm:75:6–7) fallible men who will enforce the law and enable others to live in as much safety and peace as this world offers. As fallible men, many of them begin to take their authority as an excuse for considering themselves higher or better than others (i.e., as “gods”). God in turn brings them back to earth by pointing out the sure judgment that will come to them, “But ye shall die like men, and fall like one of the princes” (Psalm:82:7).
"I have said, Ye are gods; and all of you are children of the most High. But ye shall die like men, and fall like one of the princes."