Preheat your oven to 350°F (175°C).
In a large bowl, mix together the peanut butter, brown sugar, and granulated sugar until smooth.
Add the egg and vanilla extract, mixing until fully combined.
Stir in the baking soda until fully incorporated.
Fold in the chocolate chips and caramel bits gently.
Scoop tablespoon-sized amounts of dough onto a baking sheet lined with parchment paper.
Bake in the preheated oven for 10–12 minutes, or until the edges are golden brown.
Remove from the oven and let the cookies cool on the baking sheet for 5 minutes before transferring them to a wire rack.