However, this is different than interpreting how a deep model works. “Interpreting” is an overloaded and poorly-defined term of active research. The sense I get from my friends in the interpretability/explainability research world is that despite the buzz, there is no common definition that lends to a clear set of requirements for an acceptable interpretation of a neural network.
With that being said, there is research happening that tries to find better tools to understand the reasoning of neural networks. And sometimes we might actually see and understand a general decision pattern of a NN that we could adopt for a simpler model. But in many cases it will not be possible to come up with a simpler model because some phenomena have an intrinsic complexity.