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In this tutorial, the presenter shows how to hide placeholder text generated by content control form fields in Word. This placeholder text appears light gray, indicating where users should fill in information. To remove it, the presenter demonstrates using a sample form with plain text content controls. By enabling design mode, the user can select the placeholder text, ensuring the period is included in the selection. After right-clicking and selecting the font options, the user can check the "hidden" box within the font effects settings to hide the placeholder text from view. The video encourages viewers to explore more on creating fillable forms through the channel’s playlist.