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This video tutorial demonstrates how to hide the placeholder text that appears in content control form fields, which can distract users from filling out the form. The host shows how to use a plain text form field in design mode. To hide the placeholder text, you need to highlight it, including the period, and then right-click to select the font option. In the font effects section, there is a box labeled "hidden" that can be checked to conceal the placeholder text. Viewers are encouraged to explore the playlist on the channel for more information on creating fillable forms.