Display Field Title alongside default [No text in field] placeholder when value not set - https://ticdevs.com/developers/presentation/page-editor/fixing-blank-fields - Thanks for @nshack31 for the find

renderField.config

<?xml version="1.0"?>
<configuration xmlns:patch="http://www.sitecore.net/xmlconfig/">
  <sitecore>
    <pipelines>
      <renderField>
        <processor patch:before="*[1]" type="MyProject.CMS.Custom.Pipelines.RenderField.ShowTitleWhenBlank, MyProject.CMS.Custom" />
      </renderField>
    </pipelines>
  </sitecore>
</configuration>

ShowTitleWhenBlank.cs

using Sitecore.Pipelines.RenderField;

namespace MyProject.CMS.Custom.Pipelines.RenderField
{
    public class ShowTitleWhenBlank
    {
        public void Process(RenderFieldArgs args)
        {
            args.RenderParameters["show-title-when-blank"] = "true";
        }
    }
}