He has said that the song is as if he were writing from the perspective of a character.
In the context of his larger body of work which constantly points the spotlight on the different types of predators in society I think it’s reasonable to assume that it is another critique. Personally for me it evokes a Hollywood director who prefers child stars or a fashion exec eagerly producing booty shorts for children.
The way the song sounds it is very clear that he thinks of this person as a villain.
More of the same very slow escalation