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In this tutorial, the presenter discusses how to hide the placeholder text that appears in content control form fields in Microsoft Word. This gray placeholder text prompts users to fill in the fields, but it can be removed if desired. The video demonstrates the process using a form created with content control form fields. The steps include entering design mode, selecting the placeholder text (ensuring to include any punctuation), right-clicking, and opening the font options. In the font effects section, there is a checkbox labeled "hidden" that can be selected to conceal the placeholder text. Viewers are encouraged to check out the channel's playlist for more tutorials on creating fillable forms.