Preheat oven to 350°F.
In a medium bowl, mix together the flour, baking powder, baking soda, and salt. Set aside.
In an electric mixer, cream together the butter, brown sugar, and granulated sugar.
Add the egg, then the vanilla extract.
Gradually add in the flour mixture until everything is well combine. The batter will be thick.
Stir in the chocolate chips.
Scoop out the dough by heaping tablespoons and roll into balls. Place each dough ball on a baking sheet about 2 inches apart. Cookies will spread as they bake.
Press 4 or 5 caramel bits into the tops of each dough ball.
Bake for 12-14 minutes, or until the caramel is melted and the bottoms of the cookies are golden brown. Remove from the oven and immediately sprinkle a tiny pinch of salt onto each cookie.
Let cool several minutes before moving the cookies to a cooling rack.