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In this tutorial, the presenter addresses how to hide placeholder text in content control form fields, which typically appears as light gray to guide users in filling out the form. To demonstrate, the presenter uses a plain text form field and activates design mode. The process involves highlighting the placeholder text, ensuring to include the period, and right-clicking to select the font option. Within the font settings, there is an option for "hidden" under font effects, which can be checked to make the placeholder text invisible. Viewers are encouraged to check the tutorial playlist for more on creating fillable forms.