University of Chicago Algebraic Topology SeminarThe (stable) homotopy groups of spheres are very complicated, and the computations seem at first glance chaotic. This chaos actually breaks up into periodic patterns, however, and understanding these periodic phenomena has been a focal point in the study of the homotopy groups of spheres. The first layer of periodicity is well understood, and is closely linked with Bott periodicity and K-theory. The second layer of periodicity displays much more complicated patterns. I will discuss an emerging picture of how these patterns are actually dictated by the arithmetic of modular forms. The role that K-theory had in the first layer of periodicity is replaced by the cohomology theory of topological modular forms.