Title: Analytic number theory and spaces of rational curves Abstract: (joint work with A. Venkatesh) Suppose $X$ is a smooth Fano variety, and $K$ a global field. Conjectures of Batyrev-Manin and Peyre give very precise predictions for the asymptotic behavior of the function $N_{X/K}(B)$ which enumerates points of $X(K)$ of height at most $B$. When $K$ is $ \F_q(t)$, these conjectures are naturally related to questions about the geometry of the space of rational curves on $X$. I will try to promote a general philosophy that nice asymptotic behavior of the type predicted by Batyrev-Manin should correspond with stabilization of cohomology for spaces of rational curves. In a particularly favorable situation, where $X$ is a very low-degree Fermat hypersurface, the Batyrev-Manin conjecture can be verified by traditional methods of analytic number theory, and we explain how to use this fact to prove irreducibility of the space of rational curves on $X$.