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In this tutorial, Greg from SharePoint Maven demonstrates how to hide fields in a SharePoint list or document library using conditional formulas. He explains the setup using a document library that includes two metadata columns: a status column (with options for active and inactive) and an expiration date field. Currently, the expiration date field is always visible, but Greg aims to change this. He wants the expiration date column to appear only when the status is set to active. If the document is marked as inactive, the expiration date field should be hidden. This setup allows for a cleaner interface and better user experience when filling out metadata.