01 - Melt butter in a medium saucepan over medium heat. Continue cooking, swirling often, until butter foams, turns golden brown, and smells nutty (approximately 5-7 minutes). Pour into a large mixing bowl and cool for 10 minutes.
02 - Preheat oven to 350°F. Line two baking sheets with parchment paper.
03 - In a medium bowl, whisk together flour, baking soda, baking powder, and salt until well combined.
04 - To the cooled brown butter, add brown sugar and granulated sugar. Beat until combined and creamy.
05 - Add eggs one at a time, mixing well after each addition. Stir in vanilla extract.
06 - Gradually mix in dry ingredients until just combined. Do not overmix.
07 - Fold in chocolate chips and caramel bits until evenly distributed throughout dough.
08 - Scoop 2-tablespoon portions of dough onto prepared baking sheets, spacing 2 inches apart.
09 - Bake for 10-12 minutes until edges are golden brown but centers appear slightly soft.
10 - Cool on baking sheets for 5 minutes, then transfer to a wire rack to cool completely.