TITLE: Geometric interpretation of families in the stable homotopy groups of spheres
QUESTION [14 upvotes]: There are  infinite families in the stable homotopy groups of spheres; many of  these can be seen by looking for "periodicity" phenomena in the Adams-Novikov spectral sequence. An example is the image of the  $J$-homomorphism. This particular infinite family can be described algebraically (at least at odd primes). If I understand correctly, these elements correspond to elements of filtration $1$ in the ANSS. That is, they are in $\mathrm{Ext}^1_{BP_*BP}(BP, BP)$ via the exact sequence of comodules
$$0 \to BP \stackrel{p}{\to} BP \to BP/p \to 0.$$
The invariant elements in $BP/p$ are the powers of $v_1$, and the coboundaries of these live in $\mathrm{Ext}^1(BP, BP)$. These correspond to multiples of the image of $J$. 
Other infinite families in the stable homotopy groups of spheres can be obtained from a similar procedure. One nice thing about the image of $J$, though, is that it has a geometric interpretation: if the stable homotopy groups of spheres are identified with the framed cobordism groups, then the image of $J$ corresponds to framed spheres. Are there similar geometric interpretations of these more exotic infinite families?

REPLY [12 votes]: This has been a burning question for quite some time, but not much is known. Surely, people believe that the next layer (i.e. the $\beta$-family) should also admit a geometric description, although as of yet nobody has been able to find one.
The geometry behind the $J$-homomorphism (homotopy of the stable orthogonal group) is very closely related to the geometry that underlies $K$-theory, so I suppose the same will be true for the $\beta$-family. There's a lot of remarkable work going on from people who try to provide a geometric construction of elliptic cohomology, and you could ask if their stuff contains the germ of a geometric construction of the $\beta$'s. Maybe some of the finite dimensional models of the String group could play a role there?