Not conventionally, that is - user discovered that jumping back or forth in time and changing the date of your phone usually solves the problem.
This is not an intuitive feature and Google is certainly aware of that. This is probably the reason why both the Invert Colors and Wi-Fi Hotspot toggles will be easily removable in the next iteration of Android. Simply tapping and holding over the toggle will allow you to hide it for good.
You'll immediately think of the not-yet-official Android 5.1 Lollipop, and you'll be absolutely right to do so. The next version of the platform is already powering several Android One devices in certain markets, but Google is still keeping mum about it. The factory images are shrouded in mystery as well.
Apart from this subtle change, Android 5.1 is also expected to bring other improvements to the sweet new take on Android, most notably visual ones. We'll probably see it roll out sometime in March, if rumors are to be believed.