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In this tutorial, the presenter explains how to hide the placeholder text that appears in content control form fields when creating forms. The placeholder text, shown in light gray, is meant to prompt users, but there are situations where this text may not be desirable. To hide it, the presenter demonstrates using a plain text form field within design mode. After selecting the placeholder text, including the period, the user can right-click and choose the font option. In the font effects section, there is an option marked "hidden" that can be selected to conceal the placeholder text. Viewers are also encouraged to check the channel's playlist for more tutorials on creating fillable forms.