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In this video tutorial, the presenter demonstrates how to hide placeholder text in content control form fields. The placeholder text appears as light gray to prompt users to fill in the form field, but this can be undesirable. To hide the text, the presenter shows how to create a form using plain text content controls. First, access Design Mode, then highlight the placeholder text along with the punctuation. Next, right-click the selected text, select "Font," and in the Font Effects options, check the "Hidden" box to conceal the placeholder. Viewers are encouraged to check the channel's playlist for more on creating fillable forms.