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In this tutorial, the speaker explains how to hide the placeholder text in content control form fields within a form. Placeholder text appears in light gray to prompt users to fill in the form, but it can be undesirable at times. To hide it, users should enter design mode, select the placeholder text (including the period), right-click, and choose the font options. In the font effects, there is an option to check “hidden” to remove the placeholder text visibility. The tutorial is part of a larger playlist on creating fillable forms available on the channel.