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In this tutorial, the presenter explains how to hide placeholder text that appears in light gray within content control form fields. While the placeholder helps users identify where to fill in information, it can sometimes be undesirable. To hide it, the presenter demonstrates using a form created with plain text form fields. After entering design mode, the user highlights the placeholder text (including the period) and right-clicks to access the font settings. In the font effects section, there is an option to select "hidden," which will successfully remove the placeholder text from view. Viewers are encouraged to check the channel's playlist on creating fillable forms for more information.