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The video tutorial discusses a feature in Salesforce for dynamically controlling the visibility of fields based on specific conditions. The presenter illustrates this concept using a property object with a field called property type. They explain that when the property type is "for sale," only the selling price will be shown, whereas if the property type is "for rent," the rent per month field will be displayed. This conditional visibility cannot be achieved directly through page layouts. Instead, the change can be implemented using the Lightning App Builder to edit the record page, allowing for customized field visibility based on defined criteria.