Transparency or interpretability

You're explaining the key concepts of Explainable AI (XAI) to a friend who's new to the subject. As the conversation progresses, you realize the need to clarify two fundamental aspects of XAI: transparency and interpretability.

These terms often come up in discussions about AI and understanding their nuances is crucial for grasping how AI systems can be made more understandable and trustworthy.

How would you explain the difference between transparency and interpretability in AI to your friend?