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In this tutorial, Greg from SharePoint Maven explains how to hide fields in a SharePoint list or document library using conditional formulas. He demonstrates this with a document library that includes metadata columns for status (active, inactive) and expiration date. Currently, the expiration date field is always visible when users fill in metadata. Greg aims to modify this so that the expiration date only appears when the status is set to active. If a document is marked as active, the expiration date field will prompt users to enter a date; if marked as inactive, the expiration date field will be hidden.